finance
“The Chinese yuan will devalue more than 30% against the US dollar by 2025.”
❌False— Resolved June 10, 2026
How we verified this claim▾
The Chinese yuan depreciated modestly against the dollar but did not experience a 30% devaluation by 2025. The People's Bank of China actively managed the exchange rate to prevent a sharp decline.
How we reached this verdict▾
The Chinese yuan depreciated modestly against the dollar but did not experience a 30% devaluation by 2025. The People's Bank of China actively managed the exchange rate to prevent a sharp decline.
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